8751 Van Nuys Blvd | Panorama City, CA 91402
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8751 Van Nuys Blvd
Panorama City, CA 91402
8747 - 8751 Van Nuys Blvd + 8720 Tobias Ave · Land For Sale
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0.97 AC
INVESTMENT HIGHLIGHTS
- The three parcel totaling 42,214 square foot as a development opportunity located in prime Panorama City
- Located within a newly established Qualified Opportunity Zone for investment, established by the Tax Cuts and Jobs Act, Section 1400Z
- The property boast a high walk score of 87 with close proximity to numerous transportation options as well as major retail developments
- Significantly sized development site in an established, gentrifying area with numerous new developments underway nearby
- 80 units by-right and 140 with density bonus based on Tier 3 TOC benefits. 195 feet of frontage, zoned C2 and R3 in a Tier 3 TOC area
PROPERTY FACTS
| Property Type | Land | Total Lot Size | 0.97 AC |
| Property Subtype | Commercial | No. Stories | 1 |
| Zoning | [Q]C2-1-CDO, R3-1, [Q]P-1 | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.97 AC |
| No. Stories | 1 |
| Zoning | [Q]C2-1-CDO, R3-1, [Q]P-1 |
DESCRIPTION
One Restaurant, One Office Building and Parking
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $822,172 | |
| Land Assessment | $1,194,227 | Total Assessment | $2,016,399 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$1,194,227
Improvements Assessment
$822,172
Total Assessment
$2,016,399
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